Businesspeople

Turkey and the U.S. continue to be in discussions following the Trump administration's decision to remove the country from the F-35 program, the Pentagon's procurement chief said on Aug. 27       

The head of a Greek nongovernmental organization that has won the prestigious US$2 million Conrad N. Hilton Humanitarian Prize says the group will use the money to promote a more even distribution of unaccompanied young migrants among European Union member-states.

The topic divides the forum participants, writes NOVA TV. 

G-7 leaders will discuss climate change today. This is also the topic that separates the forum participants.

It could be labeled "the Greek paradox." The West is mired in an unprecedented institutional crisis. The United States is led by a president whose method of reaching decisions is unclear.

The first fissures emerged among G-7 leaders on Aug. 25 over how to deal with Iran, as U.S. President Donald Trump denied he had signed on to an agreement on giving France a leading role as a go-between with the world's major democracies.

The G-7 summit continues in the French resort of Biarritz. Following the formal opening on Saturday night, the leaders of the seven most advanced industrialized nations are beginning the talks.

EU leaders rounded on U.S. President Donald Trump over his trade threats on Aug. 24 as they arrived in the chic French seaside resort of Biarritz for a G7 summit overshadowed by trans-Atlantic tensions and worries about the global economy.

U.S. President Donald Trump said on Aug. 23 that he will boost tariffs on $550 billion worth of Chinese imports in the latest escalation of the trade war between Washington and Beijing.

China has announced new round of retaliatory tariffs on about billion worth of US goods. CNN reported.

As of next month, a 5% and 10% tariff for more than 5,000 types of items, including soybeans, coffee, whiskey, seafood and crude oil, will enter into force. The biggest increase - by 25 percent - will be taxed on imported US cars from December 15th.

Russia and the United States blamed each other on Aug. 22 for abandoning a landmark arms control agreement on missiles, with Moscow warning of a new arms race and the Trump administration demanding details of a recent mysterious explosion that killed five Russian nuclear engineers.